This is a statutory requirement. This regulation provides prospective subcontractors and suppliers a copy of payment bonds furnished by the contractor to the Government for the performance of a Federal construction contract submit to the Miller Act. Prospective subcontractors an suppliers will use this information to determine whether to contract with a particular prime contractor.
An adjustment was made regarding the estimated number of annual responses from 5 (in the currently approved burden) to a more appropriate estimate of 1 response annually (i.e., the number a subcontractor would request this information). This adjustment results in a decrease of the estimated burden on the public from 15,872.50 hours to 3,657 hours in Item 12/13 and is based on re-evaluation and consultation with subject matter experts on the average responses per respondent.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.